DATARIUS

The New Cryptocurrency - Datarius

Datarius cryptobank is a decentralized partially closed system. Datarius will act as a direct link between borrowers, lenders, and related services, including managers, analysts, insurance companies, funds, and trading terminals.

Datarius is being developed by Fintech company iCrypto S.A. The Datarius project is a new, social-type cryptobank with transparent conditions. Datarius plans to become the first financial institution capable of offering its customers a full range of financial services implemented within a decentralized system. Customers will be able to obtain services that are based on their needs through the Datarius Cryptobank.

Operating on the Peer to Peer ecosystem, all transaction participants are private users, without any banking institutions. Fintech company iCrypto S.A., developing Datarius Cryptobank, is at the forefront of new digital economy. Their platform will be an excellent solution for people without credit history, to whom traditional banks cannot provide loan proposals to.

This project has a global value and is designed to overcome current difficulties connected to use of cryptocurrencies in a non-digital world, introducing options of integrated crypto- and fiat money services into payment infrastructure.

It is their mission to create a P2P system that will make use of the full potential of a decentralized financial technology within real like cryptocurrency payment system. This will also provide world community and access to financial instruments in P2P transaction format.

The project aims to bring cryptocurrency from a more virtual space to the real financial services market, while also preserving the best features of traditional banks, but with less costs and bureaucratic processes. The project team plans to provide access to a decentralized system of financial services to all types of people — those both involved and new to the crypto market.

We want to demonstrate by our own example that the decentralization and lack of boundaries are benefits, and that a financial company can and shall be a partner, a guide and a friend.
Our Advantages:

- the most complete set of financial tools: Currency Transactions (automatic exchange / internal exchange / TOP exchange gateways), Direct Lending (3 options), Investment Programmes (2 options), Credits for SMEs, Demand Deposits, Intrasystem Card Products (both direct — inside the intrasystem unit, and gateway through partner companies);

- a completely new approach to the credit scoring through the new unique algorithms, based on already existing data received from partner companies;

- internal users’ accounts are duplicated by real physical accounts that further widen opportunities for the period of the blockchain economy development;

- enhanced integration of links between cryptocurrency and fiat, including the integration of instant transfer systems;

- unique verification methods combined with already existing blockchain projects in this segment;

- a trust limit system with the opportunity to set a limit for a particular user / group / all users according to the pre-defined criteria, which makes the system even more social.

We would be glad if you share our concept and idea of the project. We would be grateful for any personal participation and support. Better to light a candle than to curse the darkness. (Confucius).

DTRC Token — IS A UNIQUE ACCESS KEY AND THE ONLY TOOL FOR PARTICIPATING IN THE DATARIUS DECENTRALIZED CRYPTOBANK SYSTEM.

A range of financial products is formed in particular by the DTRC token holders that are directly engaged in the development of the company through intangible contributions. The purchased tokens entitle active holders to receive 65% of the fees and charges collected by the Datarius cryptobank. The amount shall be distributed annually starting from 2019, in proportion to the number of the token holders.

Limitation of number of tokens: 200.000.000 DTRC

The fixed value of the token — 1$

ALL TOKENS WHICH HAVEN’T BEEN ALLOCATED DURING ITO WILL BE BURNT

TOKEN SALE

In order to launch the Datarius project in the shortest time possible and to provide customers with a full-featured product with the widest range of tools that fully meets the needs of market participants, the ITO Datarius campaign is divided into several stages.

ABOUT PROJECT SUMMARY

Cryptocurrency market and FinTech companies have become ingrained in our everyday lives. According to forecasts of The World Bank, 10% of world’s GDP will be processed by means of blockchain by 2025.

Cryptocurrencies are already demonstrating benefits for public, but have not yet received wide opportunities to implement full power of their truly breakthrough technologies in “physical world” mode.

Many high-end ITOs focus their efforts on providing possibility of using cryptocurrencies and services in everyday life, creating advanced decentralized banks for this purpose.

CRYPTOCURRENCIES

We know that there are “digital” currencies like Waves, NEM, Bitcoin, Ethereum, Litecoin, Zcash, Dash, etc., and their rate is growing fast. We also know that it is possible to make good money of it by using “mining rigs” and buying ITO tokens (analogue of shares).

The latter can be done with specialized platforms, they are also issued in form of jetton, shares or credit tokens during ITO, You can sell token at a higher price, draw dividends from the shares, and you get interest return on the amount you spent from the credit token.

Matt Levine, an investment banker at Goldman Sachs, gave a perfect definition of cryptocurrency in his column at The Bloomberg View. According to him, blockchain has “two ways of development in financial world.”

The first feature, which makes bitcoin interesting, is its decentralized nature, no one owns or controls the system as a whole. The principle of ITO, according to Levine, “is that you do not build a business, you create a comprehensive system for all users.” The second way regards blockchain as advanced technology.

It is used as such by banks, multipurpose centers and insurance companies. Companies gain access to constantly synchronizing database of their customers. Levine believes that future of public joint-stock companies lies in blockchain. The first development path was taken by developers of debit cryptocurrency card Centra, which is accepted in every place, where Visa and MasterCard are.

Its data are linked to customer’s cryptocurrency wallet and are constantly updated. Travelers were the first people who gave recognition to this novelty, because of digital currencies not being linked to any particular country and are easily converted into various fiat money.

This is a convenient way to store money in economically unstable countries: money is not depreciated and its purchasing power is not lost. The second path of blockchain development is introducing technology to companies.

Main advantage of decentralized system is that there is no need to involve human resources when processing transactions. This reduces fees by virtue of automation and at the same time increases transparency and controllability of deals. With aid of smart contract technologies, two individuals can autonomously close entire deal, from contract issuing to its certification.

As explains author of TechNative portal, “cryptocurrency funds are usually stored in intermediate tenure, and after contract terms are fulfilled and agreed events are completed, funds are automatically delivered to the seller. Everything is quite simple and effective.” Banks and insurance companies intensively master smart contract technologies. Going ahead, decentralized technologies will perform all “bureaucratic work” without risk of losing or “shadowing” data, and companies founded from there on will become the forefront of the economy.

FINTECH

Over past two years, volume of investments in Fintech startups has significantly grown